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Homeland Security

CACI to Acquire Small IT Security Firm

DDN

Wednesday, June 22nd, 2011

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CACI International [CACI] has agreed to acquire a small information technology (IT) firm with expertise in cyber security and application development that also has customers in the intelligence community. Terms of the deal, which is expected to close by July 1, were not disclosed. Pangia Technologies had $18.7 million in sales in 2010 and CACI expects the deal to be accretive to its earnings per share within one year of closing. "The acquisition of Pangia Technologies opens new growth opportunities…

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]